Are high oil prices going to kill the manufacturing/farming sections profits?

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http://biz.yahoo.com/ap/070622/wall_stre鈥?/a>Are high oil prices going to kill the manufacturing/farming sections profits?
You have to be careful reading the responses of those trading on the financial markets. You're talking a strange bunch. Not that they're bad, just - different. Any drastic changes, as we had today, to the investor is signs ';the sky is falling';! Never mind the fact that, over all, the US economy is expected to continue it's gradual increase thru-out the rest of this year.





No, the sky isn't falling and there will be a tomorrow for another day of trading, more manufacturing, more food to grow, and life goes on. And, business people adjust as the flow of doing business goes along. May mean, down the road, consumer prices will start to go up but, that's all part of it.Are high oil prices going to kill the manufacturing/farming sections profits?
No.





Farmers make more money if the price of Oil is high because they will sell more corn (Used to make Ethanol)
I don't think that high oil prices are going to kill those profits in themselves; but what might wind up killing their profits is what rising oil prices might do to overextended consumers. Of course I thought the same thing last year also and I proved to be wrong then, but a little caution will certainly not hurt at this junction.
no, they will just pass it onto the consumers. anyways you got a bunch of illiterate marketers marketing doom and gloom. the dow just dropped over a 100 points out of 13400. thats .8 of 1 percent. big deal. the american unemployment is 5%, which means 95% of the economy is running just fine. thats like an A+ on an exam.